Withdrawal Conditions definition

Withdrawal Conditions. The meaning specified in Section 2.9(e)(i).
Withdrawal Conditions means (a) no Default or Event of Default shall have occurred and be continuing on the date of the Withdrawal or after giving effect to the use of the Withdrawal, (b) an Authorized Officer of the Borrower shall have delivered to the Collateral Agent and the Lenders a Withdrawal Notice with respect to the applicable Withdrawal, (c) the Interim DIP Order or Final DIP Order, as applicable, shall be in full force and effect and shall not have been vacated, reversed, modified, amended or subject to a stay without the prior written consent of the Required Lenders, and (d) the Withdrawal Liquidity Condition shall have been satisfied.
Withdrawal Conditions. With respect to (x) any proposed withdrawal from the Collection Account to pay the Sole Shareholder or for use by the Sole Shareholder to satisfy any of its contribution obligations under the Issuer Sale and Contribution Agreement or (y) any proposed transfer of any Portfolio Asset (other than a Zero Value Portfolio Asset) from the Custodial Account for the account of the Sole Shareholder or an account designated by the Sole Shareholder, conditions which shall be satisfied if:

Examples of Withdrawal Conditions in a sentence

  • Subject to the satisfaction of the Withdrawal Conditions, [Willow Tree BDC] Amended and Restated Loan, Security and Collateral Management Agreement #506694681 amounts on deposit in the Unfunded Exposure Account may be withdrawn by the Borrower (x) to fund any draw requests of the relevant Obligors under any Revolving Loan or Delayed Draw Loan or (y) to make a deposit into the Principal Collections Account.


More Definitions of Withdrawal Conditions

Withdrawal Conditions has the meaning specified in Section 2.15(a).
Withdrawal Conditions. With respect to (x) any proposed withdrawal from the Collection Account to pay the Sole Member or for use by the Sole Member to satisfy any of its contribution obligations under the Equity Contribution Agreement or (y) any proposed transfer of any Portfolio Asset (other than a Zero Value Portfolio Asset) from the Custodial Account for the account of the Sole Member or an account designated by the Sole Member that is being made free of payment, conditions which shall be satisfied if:
Withdrawal Conditions shall have the meaning assigned to such term in Section 2.02(b).
Withdrawal Conditions shall have the meaning defined in Article II – ETF PORTFOLIO MANAGEMENT in section “Remuneration for the Pension product”;